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The legislative package includes a second round of economic impact payments also referred to as stimulus checks to help americans who have been financially impacted by the coronavirus.
Stimulus check round 2. Similar to the cares act individuals making between 75 000 and 100 000 will. A second stimulus package was officially presented on the senate floor in late july as the heals act but the timing of when it might arrive is. Some earlier proposals for a second round of stimulus checks included payments for dependent adults and college age.
With the second stimulus check each eligible adult will get up to 600 decreasing as income raises more on this above and each child dependent age 16 and younger can also qualify for a. You ll get an additional 600 if your dependent child is younger than 17. Under the earlier cares act joint returns of couples where only one member of the couple had a.
Now that congress has passed a second round of covid 19 stimulus checks many americans are wondering whether they qualify. The stimulus checks are worth 600 for individuals earning up to 75 000 and couples earning 150 000. Stimulus check round 2.
You can see. As with the first round of checks there are income limits. The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000.
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